Showing posts with label qbc. Show all posts
Showing posts with label qbc. Show all posts

Wednesday, September 1, 2010

Caddo Parish, LA : Haynesville Shale Update

By Andrea: http://oilshalegas.com

Cubic Energy Inc. (QBC) announced today that they spud their 4th horizontal well today in the Haynesville shale:

Cubic Energy Inc. (QBC) announced that the Red Oak Timber 7-1 ALT spud on August 6, 2010 with surface casing set at 1,903 feet. This well is located in Section 7, Township 14 North Range 15 West in Caddo Parish, Louisiana located in Cubic s Bethany Longstreet acreage. Cubic has an estimated 29% working interest in this well.

Calvin Wallen III, Cubic’s CEO and President, stated, "This is Cubic’s fourth Horizontal Haynesville Shale well to be drilled under our existing drilling credit and the sixteenth Horizontal Haynesville Shale well in which Cubic has a working interest."

Cubic Energy, Inc. is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas. The Company’s oil and gas assets and activity are concentrated primarily in Louisiana and Texas.

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com

Tuesday, August 17, 2010

Caddo Parish, Louisiana: Haynesville shale update

By Andrea: http://oilshalegas.com

Cubic Energy Inc. (QBC) announced a new well that was spud in the Haynesville shale, located in Caddo Parish, Louisiana:

Cubic Energy, Inc.) announces today that the Crow 8 No. 1 spud on August 10, 2010 and surface casing was set at 1,925 feet on August 11, 2010. The Crow 8 No. 1 is currently drilling its vertical portion of the well. This well is located in Section 8,
Township 14 North - Range 15 West in Caddo Parish, Louisiana located in Cubic's Bethany Long street acreage. Cubic has a 24% working interest in this well.

Richard Sepulvado, Cubic's Vice President of Exploration and Production states, "This is the third well to be drilled under our existing drilling credit and we look forward to continued development of our Haynesville Shale acreage."

Cubic Energy, Inc. is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas. The Company's oil and gas assets and activity are concentrated primarily in Louisiana and Texas.

Visit www.cubicenergyinc.com for more information on Cubic Energy, Inc.

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com


Monday, August 16, 2010

Caddo Parish, LA: Haynesville Shale Update

By Andrea: http://oilshalegas.com

August 16, 2010: Cubic Energy Inc. (QBC) announced the drilling of their third well today in the Haynesville Shale, located in Caddo Parish, Louisiana:

Cubic energy Inc. (QBC) announces today that the Crow 8 No. 1 spud on August 10, 2010 and surface casing was set at 1,925 feet on August 11, 2010. The Crow 8 No. 1 is currently drilling its vertical portion of the well. This well is located in Section 8, Township 14 North ñ Range 15 West in Caddo Parish, Louisiana located in Cubicís Bethany Longstreet acreage. Cubic has a 24% working interest in this well.

Richard Sepulvado, Cubicís Vice President of Exploration and Production states, "This is the third well to be drilled under our existing drilling credit and we look forward to continued development of our Haynesville Shale acreage."

Cubic Energy, Inc. is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas. The Companyís oil and gas assets and activity are concentrated primarily in Louisiana and Texas.

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com


Tuesday, October 14, 2008

Haynesville Shale: QBC Cubic Energy Looking to Sell 10/14/08

With crashing stock markets and energy prices....many companies are looking to get out of the shale plays lately. I had a feeling this was going to happen. It was almost like a bubble when every company and their mother was buying up mineral rights in the Haynesville Shale natural gas field.

Cubic Energy ( QBC ) announces today that due to ever increasing unsolicited interest in the Company's assets in North Louisiana, the Company has engaged RBC Richardson Barr Securities, Inc., an affiliate of Royal Bank of Canada Capital Markets ("RBC") to explore all strategic alternatives on behalf of the Company and its shareholders. The Company's asset position in Caddo and DeSoto Parishes includes the Rodessa, Pettet, Upper and Lower Hosston, Cotton Valley and the Haynesville Shale. In addition, there is significant interest in the Company's gathering and pipeline systems.

As the Company now holds substantially all of its acreage by production, and has completed its own pipelines and infrastructure, the Company is afforded the opportunity to evaluate all its options in order to increase shareholder value.